News with the tag "congress"

A bipartisan piece of legislation aimed at combating illegal blockchain activities has been reintroduced to the U.S. House of Representatives. According to a new press release , Republican Representative Zach Nunn of Iowa and Democrat Representative Jim Himes of Connecticut have together reintroduce...

A U.S. congressman stressed that a well-regulated stablecoin market is essential for maintaining the dollar’s global dominance, modernizing payments, and expanding financial access without government overreach. Lawmakers Debate Stablecoin Role in Securing US Dollar’s Future House Financial Services ...

Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives approv...

Randy Guynn, a prominent U.S. banking attorney, has called for stablecoins to be subject to bank-level regulations. Speaking before the U.S. House Financial Services Committee, Guynn argued that stablecoins should offer the same level of safety as insured bank deposits and central bank money. Guynn ...

U.S. Representative Mike Collins, a strong advocate for alternative financial assets, has said his campaign will now accept cryptocurrency donations. ‘Destigmatizing the Crypto Industry’ U.S. lawmaker and advocate for alternative financial assets Mike Collins has announced that his campaign will acc...

Two US lawmakers have launched a bipartisan “Congressional Crypto Caucus” in an effort to advance a digital asset policy agenda. House Reps. Ritchie Torres (D-NY) and Tom Emmer (R-MN) say in a press release that the caucus will “defend open, permissionless and private innovation in the United States...

Over the past month and a half, the Security and Exchange Commission (SEC) has started to move from its “aggressive” and “overreaching” crypto regulatory approach to a more welcoming one. Republican Commissioner Hester Peirce has shared some new insight on the US agency’s regulatory shift and the up...

Bitcoin critic Peter Schiff is calling for a Congressional investigation into U.S. President Donald Trump’s two Truth Social posts, which he claims were part of a “pump and dump scheme.” Pump and Dump Scheme Economist Peter Schiff has called for a Congressional investigation into U.S. President Dona...

New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto A...

Key Takeaways: Lawmakers propose barring high-ranking officials and their families from launching or endorsing digital tokens tied to political figures. The bill is designed to address ethical concerns over conflicts of interest and the use of public office for personal gain. Although the proposal f...